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, which sounds like a lot. but includes money not spent in iraq and afghanistan. which republicans are likely to argue are not true cuts. so, whose plan will prevail? boehner told his fellow house republicans, i think we can win this for the american people but that it's going to require some of you to make some sacrifices. if we stand together as a team, our leverage is maximized and they have to deal with us. that last comment was probably directed at the republican members who have said that they will not vote to raise the debt ceiling under any circumstances. speaker boehner will need their volts if he wants his legislation to win out in what is shaping up to be a partisan showdown. rebecca? >> nancy cordes on capitol hill. thank you, nancy. if a deal does not happen, how does that affect most americans? joining us is roben farzad, senior writer for bloomberg news. what's the ripple effect on average americans if this thing doesn't happen? >> mostly psychological throughout the week. if people suddenly start perceiving that the unthinkable of, one, credit rating downgrade for t
social security checks and veterans benefits. soldiers on the frontline in afghanistan asked the chairman of the joint chief of staffs if they will get their checks if the government defaults. president obama talked with mitch mcconnell and met with all sides to try to beat the clock and strike the deal. >> jessica, we heard earlier on they needed about a week after the deal was passed so they could get it to the president's desk for signature. if they get a deal in the next day or on monday, do they still have time to get this signed and so we avoid this default? >> well, there certainly are still procedural things that would have to happen before they do so but at this point every person i've talk to says if they have a deal in hand they will make it happen. no one here in washington wants to see the nation default on its debt, ann. >> we are talking about talks at the white house. we have heard about those talks before. what do you know about those? any progress being made? >> reporter: it doesn't appear so. there were about 90 minutes this afternoon at the white house with nancy pelos
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